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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Comerica Shows Improved Relative Strength; Still Shy Of Benchmark

Comerica had its Relative Strength (RS) Rating upgraded from 70 to 74 Monday — a welcome improvement, but still short of the 80 or higher score you prefer to see.

This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Comerica can continue to rebound and hit that benchmark.

When To Sell Stocks To Lock In Profits And Minimize Losses

Comerica is building a consolidation with a 73.45 entry. See if the stock can clear the breakout price in heavy trading.

Earnings grew -18% last quarter, up from -22% in the prior report. Revenue also increased, from -9% to 5%.

Comerica earns the No. 10 rank among its peers in the Banks-Super Regional industry group. Northern Trust, Fulton Financial and Huntington Bancshares are among the top 5 highly rated stocks within the group.

RELATED:

Which Stocks Are Showing Rising Relative Strength?

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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